EQB Inc. (EQGPF)

EQB Inc. Income Statement

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 31, 2025	Oct 31, 2024	Oct 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,936	2,965	2,725	1,558	1,083	1,093
Interest Income on Investments	173.64	174.85	162.58	58.23	23.98	28.88
Total Interest Income	3,110	3,140	2,888	1,616	1,107	1,122
Interest Paid on Deposits	1,479	1,490	1,293	579	307.68	364.05
Interest Paid on Borrowings	572.8	598.98	588.74	303.83	217.03	260.21
Total Interest Expense	2,052	2,089	1,882	882.83	524.71	624.26
Net Interest Income	1,058	1,050	1,006	733.41	582.61	497.41
Net Interest Income Growth (YoY)	30.27%	4.43%	37.16%	25.88%	17.13%	7.51%
Other Non-Interest Income	87.39	81.09	56.27	31.08	22.16	22.59
Total Non-Interest Income	221.44	204.95	164.86	48.78	60.3	59.43
Non-Interest Income Growth (YoY)	339.64%	24.32%	237.96%	-19.10%	1.47%	72.67%
Revenues Before Loan Losses	1,279	1,255	1,171	782.19	642.91	556.83
Provision for Loan Losses	110.16	107.01	46.63	37.26	-7.67	42.28
Revenue	1,169	1,148	1,124	744.93	650.58	514.55
Revenue Growth (YoY)	42.79%	2.16%	50.91%	14.50%	26.44%	6.22%
Salaries and Employee Benefits	266.06	256.29	227.11	173.36	122.19	100.66
Selling, General & Administrative	37.14	32.91	25.74	25.38	22.46	18.42
Other Non-Interest Expense	310.66	304.9	268.84	177.73	115.53	94.99
Total Non-Interest Expense	613.87	594.1	521.69	376.47	260.18	214.06
EBT Excluding Unusual Items	555.28	554.33	602.48	368.46	390.41	300.49
Pretax Income	555.28	554.33	602.48	368.46	390.41	300.49
Income Tax Expense	150.28	152.66	156.57	98.28	97.88	76.69
Earnings From Continuing Operations	405	401.67	445.91	270.18	292.53	223.8
Minority Interest in Earnings	-1.27	-1.11	-	-	-	-
Net Income	403.73	400.56	445.91	270.18	292.53	223.8
Preferred Dividends & Other Adjustments	8.37	10.73	8.4	5.57	4.41	4.48
Net Income to Common	395.36	389.84	437.51	264.62	288.12	219.33
Net Income Growth	43.29%	-10.17%	65.04%	-7.64%	30.71%	8.39%
Basic Shares Outstanding	38	38	38	35	34	34
Diluted Shares Outstanding	39	39	38	35	34	34
Shares Change (YoY)	7.77%	1.41%	8.51%	1.70%	1.65%	0.51%
EPS (Basic)	10.31	10.19	11.60	7.63	8.49	6.52
EPS (Diluted)	10.22	10.11	11.51	7.55	8.36	6.47
EPS Growth	33.42%	-12.15%	52.42%	-9.69%	29.21%	8.10%
Dividend Per Share	1.830	1.740	1.320	1.210	0.740	0.740
Dividend Growth	42.97%	31.82%	9.09%	63.51%	0%	14.73%
Effective Tax Rate	27.06%	27.54%	25.99%	26.67%	25.07%	25.52%

Source: S&P Capital IQ. Banks template. Financial Sources.